Aon reports the following components of its

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Aon reports the following components of its accumulated other comprehensive income in its - report: Net Postretirement Benefit Obligations Net Foreign Exchange Translation Adjustments* Net Unrealized Investment Gains (Losses) Net Derivative Gains (Losses) Ions) $(1,110) (497) (1,607) (413) (2,020) (41) $(2,061) $ 24 (37) (13) 13 o (24) $(24) $284 (182) 102 199 301 (133) $168 $76 (20) 56 (12) 44 (44)** $ 0 e as of January 1, 2008 . comprehensjye income . e as of December 31,2008 . comprehensive income . e as of December 31,2009 . comprehensive income . e as of December 31, 2010 . of amount attributable to noncontroliing interest es to consolidation of a variable interest entity in 2010. 's accumulated other comprehensive income for 2010 includes the four following items that t stockholders' equity and are not reflected in net income: _-et derivative losses, $(24) million. Hedging transactions relate to the company's use of financial instruments (derivatives) to hedge exposure to various risks such as fluctuations in foreign currency exchange rates, commodity prices, and interest rates. This account relates to unrealized losses on cash flow hedges, which we discuss in the appendix to Module 9. _ et foreign exchange translation adjustments, $168 million. This is the cumulative trans- lation adjustment for the net assets of foreign subsidiaries whose balance sheets are denomi- nated in foreign currencies. A gain implies that the $US has weakened relative to foreign currencies; such as when assets denominated in foreign currencies translate to more $US. We discuss the effects of foreign currency translation adjustments on accumulated other compre- hensive income in more detail below. ~et postretirement benefit obligations, $(2,061) million. This amount mainly relates to unrealized losses on pension investments or can derive from changes in pension plans that increase the pension liability. We discuss the accounting for pension plans and other postre- tirement benefit obligations in Module 10. Net unrealized investment gains, $(0) this year. Unrealized gains and losses on available- for-sale securities are not reflected in net income. Instead, they are accumulated in a separate equity account, AOCI, until the securities are sold. We discuss the accounting for these unre- alized gains (losses) in Module 9. ~ discuss accounting for available-for-sale securities and derivatives in Module 9, pensions Module 10, and the income statement effects of foreign currency translation adjustments in ule 5. In the next section, we discuss the balance sheet effects of foreign currency translation tments, specifically their impact on accumulated other comprehensive income. During 2010, reported other comprehensive loss of $(242) million, which is the sum of the changes in each me four components of AOCI, as shown on the statement above. This other comprehensive when added to the AOCI balance of $(1,675) at the beginning of the year yields the AOCI ance of $(1,917) at year-end.
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